Presents a teaching model that is consistent with the traditional approach to demonstrating the expansion and contraction of the money supply. Suggests that the model provides a simple and convenient visual image of changes in the monetary system. Describes the model as juxtaposing the behavior of the moneyholding public with that of the…

Suggests that intermediate microeconomic theory instruction should emphasize individual elements of the topic as part of a general equilibrium model. Summarizes a model that can be used to highlight the unifying thread running through the subject. Discusses the submodels of the market, the consumer, the firm, and the economy as a whole. (SG)

Presents a lesson designed for secondary economics classes. Students role play adults in selected occupations, create personal budgets, and make investment and savings decisions. Student directions and questions are included. (CFR)

Notes that attitudes toward risk comprise an important topic in economics courses, whereas risk love receives limited attention, perhaps because of the lack of clear and appealing examples for teaching. Provides a definition for the term risk love and includes illustrations drawn from empirical studies of racetrack betting for teaching this…

This teaching unit offers five economics lessons related to basketball. Lessons include: (1) "Money, Money, Money in the Basketball Player's World"; (2) "Take Me to the Basketball Game Lesson"; (3) "What Does It Take?"; (4) "Productivity of a Basketball Player"; and (5) "Congratulations! You Just Won…

This paper recommends the use of a computer simulation about trade and tariff negotiations to reinforce and apply principles learned in undergraduate international trade courses and to provide students with an opportunity to use the advanced features of Symphony, a computer spreadsheet. This simulation is a game in which both the class and…

Developed by two United States educators after visiting Japan, and designed primarily for secondary students, this instructional materials unit includes lesson plans for approximately seven class-days; although the actual time necessary for implementation is flexible and may be adjusted. All of the activities focus on Japanese and American…

Investigates the teaching of concepts of work and profit to third graders in Rome. Students were interviewed before and after teaching of instructional units to ascertain their ideas on prices, profit, and product distribution. (PCB)

A barter trading game in which college students exchanged real goods over a period of seven weeks with different market constraints imposed each week is described. Student comments about the exercise were favorable. (Author/RM)

Described is the design and administration of a large two-semester course in principles of economics that permits both students and faculty some choice of both subject matter and meeting times. Students complete a standardized nine-week core and are then allowed to select topical modules. Advantages and disadvantages are discussed. (Author/RM)

Labor economics textbooks for use with college students were surveyed. Information concerning intended audience, content, and teaching aids is provided for each text. Criteria used in evaluating the texts is provided. (RM)

In this college level economics exercise, students at the University of Wisconsin (Madison) learned about the concepts of demand and price setting through a real world experience. They studied and analyzed a service provided by the Wisconsin Student Association which sells students subscriptions to lecture notes for large lecture courses. (RM)

Foreign Currency Exchange is the largest business in the world. The New York Institute of Finance estimates that somewhere around 1.5 trillion dollars changes hands every 24 hours. The trading of international currencies has made overnight millionaires. No other marketplace in the world can give a person more significant opportunity to make money…

This document contains two lesson plans. The first, "Fiscal and Monetary Policy via the Internet," seeks to expose high school students to Internet technology while introducing them to fiscal and monetary policy. Information gathering skills, economic understanding, policy application, and economic content retention should all be enhanced by this…

This lesson plan helps students understand the role consumer demand plays in the market system, i.e., how interactions in the marketplace help determine pricing. Students will participate in an activity that demonstrates the concepts of demand, demand schedule, demand curve, and the law of demand. The lesson plan provides student objectives;…